Franchisees are important — even crucial — to the corporations they represent. So why aren’t franchisees serving on the boards of these corporations? Jonathan Maze asked this question in a recent piece in the National Restaurant News. He pointed out that former franchisees have taken CEO positions with some corporations, including Burger King. McDonald’s franchisee […]
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As of October 1, 2015, all companies taking credit card payments in the U.S. were required to meet the European EMV standards. That means that, instead of reading a magnetic strip on the back of the card, credit card machines have to read a chip on the card instead. At this point, only 41% of […]
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Franchise businesses have faced uncertainty and confusion when it comes to minimum wage regulations. Some of the most headline-worthy examples have been in cities which have set higher minimum wage requirements, with different rules for large and small businesses. Franchisees with four or five employees have sometimes been classified as large employers because they are […]
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Franchises are growing so much that you can probably find a franchise option for almost any kind of business you’re interested in these days. In fact, you can probably find multiple options. If you’ve made a spreadsheet and you’re still having trouble narrowing down the choices, maybe you need to get back to fundamentals. Your […]
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